Post by
UppersDowners on Jul 03, 2015 9:45am
2.28 New Low
with the U.S. market closed it will be a very slow day. Very low volume today could push us either way with ease.
Comment by
vienna on Jul 03, 2015 10:11am
Still pretty good volume at 150,000 shares in the first half hour of a slow day. Who are these relentless sellers?
Comment by
showtime5 on Jul 03, 2015 10:44am
Sad to see new lows everyday, but with oil dropping like a stone and natural gas going down, sub $2.00 is probable
Comment by
TheRock79 on Jul 03, 2015 11:44am
I just don't understand why this stock is being bullied like this? Other more loser energy stocks are not get this treatment. It like the cool new kid is getting bullied!
Comment by
pittns on Jul 03, 2015 11:58am
I guess we have to wait...
Comment by
Ellesse on Jul 03, 2015 12:05pm
I guess some big guys are trying to push it low as much as they can then they can make the buy out around $3.25 - $3.50......
Comment by
vienna on Jul 03, 2015 12:11pm
I hope not. This is beyond ridiculous and management needs to release an operations update ASAP and do more self promoting...what is holding them back???
Comment by
PinnacleX on Jul 03, 2015 12:16pm
This post has been removed in accordance with Community Policy
Comment by
UppersDowners on Jul 04, 2015 2:11pm
Our share price does not make sense as we drop our debt another 25 million according to last news update. If this continues till year end then they could pay down 75 million in total and have one of the best balance sheets out there. Just need oil and gas to go higher and then we will see a turn around and quick. Would not be surprised to see us back over $3.00 before Sept.
Comment by
robt1234 on Jul 04, 2015 8:18pm
As I said, the last update was conservative in its projection of $48 dollar oil. They will have generated $30 million free cash flow this quarter - and for the rest of the year maybe more if they start bringing out what is behind the pipe. It is possible they could buy back half the float if they wanted - this year.